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Leading Cardiac Remote Monitoring Company Acquires Technology Ip To Boost Its Robust Product Portfolio

Sep 06, 2022almost 3 years ago

Acquiring Company

Cardiac Remote Monitoring

Acquired Company

Technology IP

Description

PrepMD RMS, the premier cardiac clinical solutions company, announced today the acquisition of the intellectual property and technology assets of LindaCare, a digital health company specializing in remote monitoring.

Company Information

Company

Cardiac Remote Monitoring

Location

High Rock Avenue

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed